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United Quotes

“Why do so many young people literally die to belong to fraternities, sororities, and other college social organizations? The answer is complicated, but here is a starting point: Ever since the medieval universities were founded, young people have done whatever it takes to gain acceptance, to break with their past lives, to achieve a sense of power, to carve out a society of their own that isn't quite what their tutors and teachers had in mind. In the United States, hazing and drinking have been endemic since colonial days.”

“I find it remarkable that virtually all of the large difference in labor supply between France and the United States is due to differences in tax systems. I expected institutional constraints on the operation of labor markets and the nature of the unemployment benefit system to be more important. I was surprised that the welfare gain from reducing the intratemporal tax wedge is so large.”

“The way the United States intelligence community operates is it doesn't limit itself to the protection of the homeland. It doesn't limit itself to countering terrorist threats, countering nuclear proliferation. It's also used for economic espionage, for political spying to gain some knowledge of what other countries are doing.”

“If the United States is to produce a nation of investors-as we must if we are to gain financial world-leadership-it is imperative that boards of directors be so constituted as to adequately represent the interests and inspire the complete confidence of investors of moderate substance.”